Explore BrainMass

Explore BrainMass

    Imputed Interest

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Calculate imputed interest of the following debt.

    The question really is from the amount of this debt, what is the amount (total) is the imputed interest (not interest rate) of this debt and how do I calculate it? Also of that debt (with imputed interest amount) what portion (amount) is the short term and long term.

    Rate=7%
    Debt=93,891.93
    Terms(Month)=33 months.

    Also what portion is Short Term (S/T) and Long Term (L/T)?

    Attachment(s):none

    © BrainMass Inc. brainmass.com June 3, 2020, 11:50 pm ad1c9bdddf
    https://brainmass.com/business/interest-rates/imputed-interest-301563

    Solution Preview

    Given the additional information provided, my interpretation is that the total amount, 93,891.93, already includes interest, hence we are imputing it ...

    Solution Summary

    The solution calculates imputed interest of the following debt.

    $2.19

    ADVERTISEMENT